LAKE ANNA MARKET REPORT - WATER ACCESS LOTS FIRST QTR. 2012

There are three counties bordering Lake Anna in Central Virginia. They are Louisa, Spotsylvania, and Orange Counties. Both Louisa and Spotsylvania encompass the majority of the countryside while Orange County covers a much smaller section in the northwest area of the lake. This market report* lists the water access lots sold in all three counties between January 1, 2012 to March 31, 2012.

Water access lots are lots located off water although they are all located within a waterfront community. When we talk about water access lots we are actually including four categories:

Water Access with an assigned boat slip

Water Access without an assigned boat slip

Water View with an assigned boat slip

4. Water view without an assigned boat slip

Prices generally range from around $25,000 to under $100,000. Price is naturally based on a number of factors. They are:

View of Lake Anna and the type of view

Size (they generally range from just under an acre up to 20 acres)

With or without assigned boat slip

Lot condition (has the driveway been put in, is there a well, septic?)

Community amenities (including depth of water at common area/boat slips)

Things that do not determine market value:

Whether it is on the main lake or on the private side

Which county it is located in

If this is the type of land that YOU have in mind give me a call or email me and we can get busy finding it for you.

*Information obtained from the Metropolitan Regional Information System (MRIS). All information should be verified for accuracy.

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